Pin Bar System

[clissold345]

Hi Pocrel, thanks for listing the results for today.

The cable pin was 11 points long by my chart and the audusd pin was 12 points long by my chart. So fixed stops 1:1 R/R would have yielded eight winners and two losers, as follows:

cac +10
gold +48
brent +65
wti +45
usdjpy +11
eur/gbp+8
cable +11
audusd+12
dax-15
eurjpy -15

Total 180 points.

This return is 74.5 points less than the return using your exit strategy.

 

[clissold345]

Pin on Brent. Waiting for entry price ...

 

[clissold345]

Pin on Brent. Waiting for entry price ...

Order cancelled.

 

[pocrel]

trade alert shorting euro now

 

[pocrel]

trade alert shorting euro now

my entry was 14810

stop is 14840

1st target is 14780

morning all,
sorry just turned the computer on and saw the trade immediately

chart

 

[clissold345]

There was a signal by my charts on AUDUSD early this morning (the bar that opened at 0430 BST). Loss.

 

[pocrel]

my entry was 14810

stop is 14840

1st target is 14780

morning all,
sorry just turned the computer on and saw the trade immediately

chart
View attachment 112834

close enough for me

i am reducing my risk

and banking

+25 on half position on euro

 

[pocrel]

close enough for me

i am reducing my risk

and banking

+25 on half position on euro

second half off +30

total:

+27.5 full points on euro

that will do me for a start after the hols nice to bank a few pips

 

[pocrel]

did anyone short silver?

was not a bad looking setup

chart

 

[pocrel]

eurgbp was also a short around eurusd

best to take only one setup

here is the chart of the set up

 

[pocrel]

trade alert dax, order pending long

 

[MajorDutch]

a lot of set ups this morning. currently taking Brent long off the 0830 pin bar.

 

[DDI]

good trade on euro. I took it too for +25. There was same signal on cable and an earlier 1:1 on eurjpy (attached)

Not sure if the silver trade was valid as given yesterdays range, livecharts pivots dont look right (and they often are odd with gold). oilngold.com pivots look more real.

 

[pocrel]

trade alert dax, order pending long

long dax now

chart

 

[pocrel]

second half off +30

total:

+27.5 full points on euro

that will do me for a start after the hols nice to bank a few pips

what a great trade that euro trade, cant ask for better than that

the chart is a thing of beauty

 

[pocrel]

long dax now

chart
View attachment 112846

stopped out of dax

-22 full points

 

[geewcee]

Pocrel, did you take the long trade on the 09:00 pinbar EURUSD or was the pinbar itself too long?

 

[pocrel]

Pocrel, did you take the long trade on the 09:00 pinbar EURUSD or was the pinbar itself too long?

no geewcee i did not the r/r did not make 1 to 1


also missed an entry long gold

 

[geewcee]

Looks like my pivots are miles out on Gold,Silver and all the Indices. Didnt see the gold trade even though I looked!
Anyone any idea why some days the IG Index pivots are the same as Livecharts and then other days they are miles out?

 

[Splitlink]

Looks like my pivots are miles out on Gold,Silver and all the Indices. Didnt see the gold trade even though I looked!
Anyone any idea why some days the IG Index pivots are the same as Livecharts and then other days they are miles out?

I told you!